The Africa Investment Forum (AIF), African Development Bank’s new platform to enhance private-sector cooperation and drive investment to key development sectors on the continent, has received commendation from South Africa’s Finance Minister, Nhlanhla Nene. Nene met business leaders and officials at a panel discussion on Wednesday, held jointly by the Bank and the South […]
Continuing its policy of extending its interests Africa (despite current setbacks in Djibouti) Dubai based DP World has signed a 20-year concession with an automatic 20-year extension with the authorities in the Republic to build and operate a 1000-hectare modern logistics hub outside of Bamako, the capital and largest city of Mali. The multimodal logistics platform, Mali […]
DP World Ltd. plans to develop a logistics hub in Mali, the latest push by the Dubai-based port operator to expand its operations in Africa. DP World signed a 20-year concession with Mali to build and operate a 1,000-hectare logistics hub outside of Bamako, the capital and largest city of the country, according to a statement. The […]
African cargo carrier Astral Aviation has signed a letter of intent to acquire two Lucas-F250 drones, with plans to launch a cargo drone network in Kenya next year The Kenya-based airline has an option to purchase an additional ten drones in 2019 from the manufacturer, Dubai-based Falcon Drones Technology. Astral Aviation will be the […]
The Kenya Ports Authority (KPA) has received four new cranes to boost the volume of cargo transported to Embakasi Inland Depot via the standard gauge railway (SGR). The equipment is also expected to improve efficiency and enable the ports agency to load at least seven freight trains a day. “With a monthly increase, we […]
The Board of Directors of the African Development Bank has approved US$50 million framework financing for small-scale renewable energy projects in Zambia, which will help diversify Zambia’s energy generation heavily reliant on hydro-electricity. Facing a serious electricity supply deficit due to recent droughts, Zambia’s Government launched the Renewable Energy Feed-in-Tariff (REFiT) policy in 2017 […]
A case being heard at the Mombasa High Court has the potential to shake up the relationship between county and national governments over the control of key economic institutions and the very foundations of Kenya’s Constitution. The case, filed by three petitioners, takes the fight for the control of the port of Mombasa from […]
Global Rail Logistics market report serves an in-sight survey of the forecast trends based on the historical and current market situation. A comprehensive analysis of the market standard, geographical regions, market key vendors, Rail Logistics end-user applications, and products are studied in this research report. The Rail Logistics market report provides qualitative and quantitative both information […]
Zurich/Switzerland, June 26 2018 – 2.5 tons of compassionate drugs have been transported in SkyCell containers from London in the United Kingdom to the Iraqi capital, Baghdad. The novel pharmaceutical is being used to treat patients suffering from copper poisoning. “We are very proud to have contributed with our technology to this humanitarian effort […]
IAG Cargo will be the logistics partner for the BP exhibition I am Ashurbanipal: king of the world, king of Assyria at the British Museum. The carrier will transport a number of important loans from museums across Europe with its secure service for high-value consignments. The exhibition, open to the public from November 8 to February […]